Saturday 22 February 2014

Sweden's House Prices Have Tripled In Ten Years, But Is It Really A Bubble Waiting To Be Burst? Nobel Laureate Paul Krugman Thinks So

Policy makers use housing market and associated real estate building stimulus as a substitute for the rise in incomes from jobs and incomes that will pay for houses. Krugman is absolutely correct in pointing out this failing of policy makers focusing on increasing money supply and housing ahead of genuine growth of industry i.e. Dreams rather than balance sheets and jobs. 

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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!